Question: Consider the following data: Fixed costs = $10,000,000. Variable cost per inpatient day = $400. Revenue per inpatient day = $1,200. What is the breakeven
- Consider the following data: Fixed costs = $10,000,000. Variable cost per inpatient day = $400. Revenue per inpatient day = $1,200. What is the breakeven volume?
- Consider the following data: Fixed costs = $10,000,000. Variable cost per inpatient day = $400. What revenue per inpatient day is required to obtain a profit of $1,000,000 at a volume of 10,000 patient days?
- Assume the following cost and revenue data for Lehman Hospital: Fixed costs = $15,000,000. Variable cost per inpatient day = $250. Revenue per inpatient day = $1,000. What is the breakeven volume?
- Assume the following cost and revenue data for General Hospital: Fixed costs = $15,000,000. Variable cost per inpatient day = $250. What revenue per inpatient day is required to obtain a profit of $1,000,000 at a volume of 25,000 patient days?
- Lehman Clinics offers one service that has the following annual cost and volume estimates: Variable cost per visit $10 Annual direct fixed costs $70,000 Expected volume 1,000 visits What price per visit must be set if the clinic wants to make an annual profit of $10,000 on the service?
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